The global helium business is never far from the headlines and with the market currently crunched, as a backdrop of growing demand is met by an ever-decreasing capacity on the commercial table, industry strives for more information on the future dynamics in this sector.
Helium Shortage 3.0 is widely accepted be in progress, traced back to two of the world’s major suppliers beginning to ration supply to contracted customers in February 2018.
The origins of this latest shortage can be traced even further back, however, to June 2017 and the enforcement of the Qatar embargo – which saw roughly 30% of global supply taken off the market for several weeks and a major disruption to supply logistics.
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